Bucharest, ROMANIA 2023
"Romania took on the role of organizing the 8th edition of the 3SI Summit at a decisive stage for reconfirming the Three Seas Initiative as a political platform for facilitating strategic infrastructure interconnection projects and investments in the region on the North-South axis, thus realizing the 3SI’s goals of developing the economies of participating states, promoting the convergence with the rest of the EU and the transatlantic partnership. At the same time, the 3SI has to respond to the need of defining the relationship with a geopolitically reconfigured neighbourhood under the impact of the brutal war of Russian Federation against Ukraine. The guiding principles of our agenda stems from the conviction that “together we are stronger”, and this is the spirit of the Bucharest Summit I will host this autumn, on 6-7 September. Now, more than ever, it is high time to implement the 3SI objectives and deliver concrete results for the benefit of the entire region!"
Klaus Werner IOHANNIS President of Romania
The Three Seas is an initiative of unity
Every year it brings together 12 countries located between the Baltic, Black, and Adriatic seas – Estonia, Latvia, Lithuania, Poland, the Czech Republic, Slovakia, Hungary, Slovenia, Austria, Croatia, Romania and Bulgaria.
The Three Seas initiative aims to promote cooperation, first and foremost, for the development of infrastructure in the energy, transport, and digital sectors. It targets new investments, economic growth, and energy security.
Three Seas Story
The cornerstone of Three Seas was laid down in 2015. Today, the initiative comprises of an annual summit held at the presidential level, a business forum, and an international investment fund for the financing of infrastructure projects.
The Three Seas Initiative Investment Fund is a dedicated commercial fund targeting critical infrastructure investment in the region. The fund is advised by Amber Infrastructure Group, an independent specialist international investment manager.
Talking with the experts: Gerald Koch from the Three Seas Investment Fund on the future of renewable energy
We had the chance to speak to Gerald Koch, Shareholders’ Representative in the Investment Committee at Three Seas Initiative Investment Fund and senior climate change impact professional.
Talking with the experts: Joe Philipsz on the Investment panel
The Investment panel focused on the investment opportunities of the region – this time, in the context of the war in Ukraine and how it has affected the flow of investment. On the stage, among other speakers, we saw Joe Philipsz, Head of The Three Seas Investment Fund at Amber Infrastructure Group. We had an exclusive opportunity to interview Mr. Philipsz about the topics discussed on the stage, what challenges should be paid more attention to, and lessons learned.